elephy

Active

Non-profit associationfounded 20188 yrs activeAndennestraat 1, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0688.702.572

elephy has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €19k. Its solvency ranks better than 95% of 1973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

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Checked score

Score 2025

100 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency100

Growth-

Stability85

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 34.78), and 2.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 90

Relative position

BE, all sectors

reference

Sector 90

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

97.2%

Return on assets

29.2%

Age of the figures

9 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

32 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

€24k

EBIT margin

79.9%

Net result

€19k

Working capital

€60k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €64k

96.8%

Fixed assets €2k

Current assets €62k

Equity and liabilities €64k

97.2%

Equity €62k

Debt €2k

Debt finances 2.8% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€20k

Cash flow

€20k

Solvency

97.2%

Current ratio

34.78

Quick ratio

34.78

Debt / equity

0.03

ROE

30.1%

ROA

29.2%

Interest coverage

51.29

Debt

€2k

Debt ≤ 1 year

€2k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€64k

Fixed assets21/28€2k

Tangible fixed assets22/27€2k

Land and buildings22€1k

Plant, machinery and equipment23€750

Current assets29/58€62k

Amounts receivable within one year40/41€7k

Trade receivables40€1k

Other amounts receivable41€5k

Cash at bank and in hand54/58€55k

Equity and liabilities

Total equity and liabilities10/49€64k

Equity10/15€62k

Profit (loss) carried forward14€62k

Amounts payable17/49€2k

Amounts payable within one year42/48€2k

Trade debts44€939

Suppliers440/4€939

Taxes, remuneration and social security45€830

Taxes450/3€830

Accrued charges and deferred income492/3€33

Income statement Code2025

Turnover70€24k

Goods, raw materials, services and sundry goods60/61€45k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k

Other operating charges640/8€407

Gross operating margin9900€21k

Operating profit (loss)9901€19k

Financial income75/76B€13

Recurring financial income75€13

Financial charges65/66B€397

Recurring financial charges65€397

Profit (loss) for the period before taxes9903€19k

Profit (loss) for the period9904€19k

Profit (loss) for the period to be appropriated9905€19k

Appropriation of the result

Profit (loss) to be appropriated9906€62k

Profit (loss) brought forward from the previous period14P€43k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2026

29-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

0 of 8 acts read

About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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